Christchurch's historic Odeon Theatre is destined for the wrecker’s ball – at the behest of the Canterbury Earthquake Recovery Authority.
The site is destined for new offices for Environment Canterbury.
The property is owned by a company associated with bankrupt Dave Henderson, who wants to return it to its former glory.
“I’m astounded at this extraordinary destruction of private property rights that’s going on without any debate,” he told NBR ONLINE.
He vowed to fight the move.
The property is one of the latest tranche of central city privately owned properties to be seized by CERA.
The government-appointed ministry today issued notices of intent for dozens of inner city properties.
Some of the properties are vacant. Others have functioning businesses on them, including car sales yards. Some are reserves.
The compulsorily-acquired land will be used for a Metro Sports centre along Antigua St fronting on Moorhouse Ave to the south of the city centre; the “southern frame” for various projects; and a block in Madras/Gloucester Sts that will be a residential precinct.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- Ardern cruises to Mt Albert victory, bringing Huo into Parliament
- Hooton: Racism lies behind Little’s kaupapa Maori attack
- Carry on: Xiamen for Auckland, Cathay for Christchurch, Virgin for HK and more
- MARKET CLOSE: NZ shares fall, Warehouse and Mercury NZ drop while Air NZ gains
- Hidesight: Advance means retreat for glacier scientists
Most listened to
- Business Week in Review with Grant Walker and Andrew Patterson
- Sunday Business with Andrew Patterson featuring Joanna Blatstone and Neil Parischa
- Rodney Hide: Advance means retreat for glacier scientists
- Stewart Germann and Gehan Gunasekara go head-to-head on the franchising debate
- Racism lies behind Little’s kaupapa Maori attack, says Matthew Hooton